Reed James T Jr 4

4 · BANNER CORP · Filed Apr 2, 2024

Form 4

Period: 2024-04-01

Executive VP, Banner Bank

Transactions

Award
Common Stock, $0.01 par value per share
2024-04-01$46.97/sh+1,770$83,137→ 27,285 total
Award
Common Stock, $0.01 par value per share
2024-04-01$46.97/sh+2,655$124,705→ 29,940 total

Footnotes (4)

[F1]Represents award pursuant to 2018 Omnibus Incentive Plan; shares vest ratably over a three-year period beginning on April 1, 2024 and ending on the third anniversary thereof. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.
[F2]Closing price on April 1, 2024.
[F3]Includes direct ownership of 825 shares through IRA.
[F4]Represents award pursuant to 2018 Omnibus Incentive Plan and is subject to the achievement of specified corporate and individual performance goals over a period that began on January 1, 2024 and ends on December 31, 2026. The extent to which the award vests, if at all, depends on the extent to which the performance goals are satisfied. Each restricted stock unit represents the right to receive one share of the Issuer's Common Stock upon vesting. These restricted stock units are subject to forfeiture and to limits on transferability until they vest.

Documents

1 file